TradersNews 83.33% probability that GBPUSD will trend down on Thursday 23 Apr at 11:01 PM GMT if the GB Gfk Consumer Confidence number is greater than -40.

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This Thursday 23 Apr at 11:01 PM GMT the latest GB Gfk Consumer Confidence number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that GBPUSD will trend down following the news event.

This probability is based on the last 12 GB Gfk Consumer Confidence events, in which 5 of the last 6 events where the actual number was greater than than the economist consensus resulted in an down trend of GBPUSD.

Here are images of the past events:

Monday 30 Mar at 11:01 PM GMT:

Friday 28 Feb at 12:01 AM GMT:

Thursday 26 Sep at 11:01 PM GMT:

Tuesday 30 Jul at 11:01 PM GMT:

Thursday 30 May at 11:01 PM GMT:

Disclaimer: Past performance may not be indicative of future performance